Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.

ArmBar
Lv 5
ArmBar asked in Politics & GovernmentPolitics · 1 decade ago

Who thinks that their employer has to provide them with insurance?

I keep seeing post of people talking about it being cheaper for their employer pay the penalty than keep them insured- or people worried about their employer dropping them-

I'm a small biz owner- I don't have to insure anyone- as far as I know, no employer does

It's an employee benefit- and could it could be taken away at any time for any reason-

I would love to insure my staff but between the recession and raising premiums I can't afford to- Hopefully this bill grants us access to an affordable option-

Update:

@ Stew-

This Recession hurt everyone.

As we were tightening our belt we had to make the choice drop health insurance or layoffs-

Update 2:

So Hopefully with the passage of this new bill we can provide that benefit-

before as a small biz we were buying insurance at a much expensive rate than a large corp-

14 Answers

Relevance
  • 1 decade ago
    Favorite Answer

    Maybe this will help. This is the text of the bill passed by the senate. I haven't had time to look up the text of the reconciliation fixes that will be voted on soon. But I'm sure this bill is largely the same as what will end up becoming law.

    http://democrats.senate.gov/reform/patient-protect...

    Note: page 305 and on discusses the tax credit for small businesses. You would have to of course read through that and determine how it would affect you based on how many employees you have and how many hours they work and so on. Unless you want to post that info and I can try to work it out for you...

    Note starting at the very bottom of page 131 and continuing to the next page, part B: establishes Small Business Health Options Program(SHOP) health exchanges to allow you to purchase insurance through the exchanges and enjoy the benefits of increased competition for your business.

    Note: page 342 also discusses some requirements for larger employers so I don't think they would apply to you directly.

    I hope that information helps you in understanding what will change for your buisness. I know its a pretty long and tough read, but if you are intelligent enough to operate a successful small business then I'm sure you will do just fine understanding the text of the bill.

  • Anonymous
    1 decade ago

    You'll get a option all right, but don't count on it being affordable to anyone but welfare recipients who already get it for free. George Soros, "The man who broke the bank of England," intends to with Obama's help take out capitalism as Soros has done in many countries before us. You won't have a business when this is over because small business is not part of the plan. There is no middleclass in a communist state.

  • Anonymous
    1 decade ago

    You're right it is a benefit and the employer does not have to issue it. However I'm much more likely to take a job that provides health insurance than one that doesn't.

  • R
    Lv 6
    1 decade ago

    These people have no idea what they are talking about.

    Also the only businesses who are required to do provide insurance under the new bill are those that have over 50 employees.

  • How do you think about the answers? You can sign in to vote the answer.
  • ?
    Lv 4
    5 years ago

    No, yet while the reforms bypass, small ones won't ought to. i do no longer understand why lots of people have fallen for lies approximately healthcare contained in usa, in another country and additionally the planned reforms [a million]. I advise, if the healthcare equipment contained in usa is so sturdy, why don't have the different countries taken it up? might desire to or no longer it rather is using here info? certainty - usa spends greater on healthcare in line with individual than the different usa on the earth [2]. certainty - the U. S. has greater demise costs for infants decrease than 5 than western eu countries with accepted wellness coverage [3]. Or if the U. S. healthcare equipment is administered so nicely, why no longer run the hearth provider like the healthcare equipment? [4] possibly it rather is using the fact contained in usa, coverage companies push up expenses, purchase politicians and refuse to pay claims that folk pay for [5]. (look up Wendell Potter on YouTube to hearken to greater if the hyperlink under is only too long.) Obama desires to make coverage greater reasonably-priced, supply up coverage companies from refusing wellness coverage to those with pre-latest situations, and make useful they pay out while they are meant to [6], a equipment reminiscent of that which fits in Taiwan [7]. He debated this until eventually now he became elected [8]. Is it proper that a ineffective American 4 365 days previous might have had a greater useful danger of existence in the event that they have been born in Canada, Cuba, Germany and loads of alternative industrialised countries with accepted healthcare? in case you think of my arguments are incorrect, email me with evidence. yet once you are able to no longer, enable Obama attempt to help usa. If he fails, vote him out in 2012.

  • Anonymous
    1 decade ago

    The new law says employers with 50 or more employees must provide health insurance.

    IF YOU ARE UNABLE TO PROVIDE HEALTH INSURANCE WITH THE HELP THAT WILL BE PROVIDED BY THE GOVERNMENT YOU ARE PROBABLY NOT GOING TO BE IN BUSINESS MUCH LONGER AS YOU ARE DOING POORLY FINANCIALLY.

  • Anonymous
    7 years ago

    Who thinks that their employer has to provide them with insurance?

    Looking 4 auto insurance companies? one of the top to get best auto insurance company, rates and prices is: http://www.cheapinsurance4auto.info/

  • 1 decade ago

    As previously stated if you have less than 50 employees you are exempt.

    I believe there will be tax rebates available to small business with more than 50 employees to help pay for the cost of health care for their employees.

  • 1 decade ago

    I don't, I think access to health care should be completely decoupled from one's employment status.

  • 1 decade ago

    new affordable health premiums: 200

    higher taxes: 300

    total 500

    good going dumbo ear lovers!

Still have questions? Get your answers by asking now.